Active Listing  ·  42 days on market

391 Old Town Rd

Kyle, TX 78640
$460,990
5 Bed 4 Bath 3,158 sqft $146/sqft Built 2026 0.16 acres 2-Car Garage Pool Opal Meadows

Brand new, energy-efficient home available by Sep 2026! Enjoy movie dates in the game or media room. Downstairs, the oversized study is the perfect spot to enjoy a book. Gray cabinets with marble-look white quartz countertops, warm beige EVP flooring, and multi-tone taupe carpet in our Radiant package. Now selling in Kyle, TX, Opal Meadows features beautiful single-family homes on oversized lots. Each home includes extra garage storage, covered patios with sliding doors, and much more. Every two-story plan has two bedrooms downstairs, perfect for guests or extended family. Residents can look forward to spending time outside at the community playground and walking trails. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

At $146/sqft, this home is 22% below the Kyle active market average of $186/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

391 Old Town Rd, Kyle, TX 78640

Property Details

Price $460,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,158 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Opal Meadows
County Hays
Zip Code 78640
$/sqft $146/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237194526
List Date June 23, 2026
Elementary School Hemphill
Middle School Laura B Wallace
High School Jack C Hays
School District ,

Luke Allen (TREC #788149) has deep knowledge of Kyle and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Kyle

Comparable Listings Right Now

Homes currently for sale in Kyle with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
222 Prickly Poppy Loop
6 Creeks
$459,990 $191 4 bd / 3 ba 2,409 sqft , 2026-01-20
261 Mendoza None
Plum Creek Ph 2 Sec 2
$465,000 $188 4 bd / 3 ba 2,468 sqft , 2025-06-20
2037 Herzog Blvd
Plum Creek Ph 1 Sec 6E2-3
$449,999 $162 4 bd / 4 ba 2,786 sqft , 2026-05-13
601 Bay Breeze Dr
Crosswinds
$449,900 $190 4 bd / 3 ba 2,373 sqft , 2026-02-23
591 Bay Breeze Dr
Crosswinds
$449,900 $206 4 bd / 2 ba 2,187 sqft , 2026-05-07

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,213/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$92,198
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,213
Principal + Interest−$2,516
Property Tax (~2.1% TX avg)−$807
Insurance (~0.5%)−$192
Est. Monthly Cash Flow $-1,302

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Kyle, TX

Kyle sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Hays County job center 5-10 min
Tesla Gigafactory 30 min N
Downtown Austin 35 min N

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